Bemus Point Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 54,582 | 42,873 | 11,709 | 11.4 | — |
| 2013 | 54,304 | 46,444 | 7,860 | 11.2 | — |
| 2014 | 48,546 | 44,993 | 3,553 | 12.5 | — |
| 2015 | 60,093 | 69,774 | −9,681 | 6.4 | — |
| 2016 | 49,914 | 45,341 | 4,573 | 11.0 | — |
| 2017 | 57,451 | 55,414 | 2,037 | 9.5 | — |
| 2018 | 70,775 | 67,563 | 3,212 | 8.3 | — |
| 2019 | 116,393 | 57,739 | 58,654 | 21.9 | — |
| 2020 | 90,611 | 129,122 | −38,511 | 6.2 | — |
| 2021 | 51,844 | 49,374 | 2,470 | 16.9 | — |
| 2022 | 47,259 | 53,463 | −6,204 | 14.2 | — |
| 2023 | 43,638 | 56,283 | −12,645 | 10.8 | — |
In its most recent public year (2023), this organization spent $12,645 more than it brought in. Its reserves stood at about 10.8 months of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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